Bank

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Bank

  1. 1. Prepared byNilesh Sen
  2. 2. A Glimpse of Banking sectorPhase-1Early phase from 1786 to 1969 of Indian BanksPhase-2 Nationalization of Indian Banks and up to 1991 priorto Indian banking sector ReformsPhase-3New phase of Indian Banking System with the adventof Indian Financial & Banking Sector Reforms after1991
  3. 3. Phase-1GENERAL BANK OF INDIA 1786(FIRST BANK) RESERVE BANK OF INDIA 1935Slow growth and periodic failureTHE BANKING COMPANYACT 1949People mostly save in postal deposits.
  4. 4. Phase-2Nationalization of imperial bank of India andformation of sate bank of India(1955)Nationalization of SBI and Subsidiaries(1960)Insurance cover extended to depositsCreation of credit guarantee corporationCreation of regional rural banks
  5. 5. Phase-3Entry of Foreign BanksPhone Banking and Net-BankingShelter from external macroeconomic shockSystem become more convenient and swift
  6. 6. WHAT IS BANK? A banker or bank is a financial institution whose primaryactivity is to act as a payment agent for customers and to borrowand lend money. An institution where one can place and borrow money and takecare of financial affairs; A branch office of such an institution. The first modern bank was founded in Italy in Genoa in1406, its name was (Bank of St. George).
  7. 7. FUNCTIONS OF BANKSAccepting Deposits from public/others (Deposits).Lending money to public (Loans).Transferring money from one place to another (Remittances).Acting as trustees.Keeping valuables in safe custody.Government business.
  8. 8. TYPES OF BANKSPublic sector BanksPrivate sector BanksCo-operative BanksDevelopment Bank/Financial institutions
  9. 9. Public sector BanksSome Public Sector Banks in India:Central Bank of IndiaCorporation BankDena BankBank of IndiaIndian Overseas BankOriental Bank of CommercePunjab & Sind Bank
  10. 10. Private sectors BanksNew generation private banks ICICI Bank• IDBI Bank• Axis bankForeign banks operating in India• HSBC BANK• CITI BANK• ABN-AMRO BANK• STANDARD CHARTED BANK
  11. 11. CO-OPERATIVE BANKSThe Co operative banks in India started functioning almost 100years ago.The Cooperative bank is an important constituent of the IndianFinancial System.They are setup to provide easy loans to farmersor other persons to set up his buisness.They are non profitable banks.Cooperative banks in India finance rural areas under:FarmingMilkPersonal financeSome example of co-operative banks in India-IDBI BANK(INDUSTRIAL DEVELOPMENT BANK OF INDIA)IFCI BANK(INDUSTRIAL FINANCE COOPERATION OFINDIA)APEX BANK
  12. 12. InstitutionsThese banks are mainly used for devoloping industries andcountriesSome Examples-Federal BankHDFC BankHSBCICICIBank Indian Overseas BankING Vysya Bank
  13. 13.  Reserve Bank of India
  14. 14. The Reserve Bank of IndiaHistory:- Become operational on April 1,1935 Nationalized in the Year 1949.Major objectives:- Regulate the issue of banknote. Maintain reserves with a view to securing monetary stability. To operate the credit and currency system of the country to itsadvantage.
  15. 15. Functions of RBIThe fuctions are classified into three heads:-Traditional functions Promotional functionsSupervisory functions
  16. 16. Traditional functionsMonopoly of currency notes issueBanker to the Government (both the central and state)Fight against economic crisis and ensures stability ofIndian economy.Controller of ForEx and creditMaintaining the external value of domestic currency
  17. 17. Promotional functionsExtension of the facilities for the small scale industriesInnovating the new banking business transactions.Extension of the facilities for the provision of theagricultural credit through NABARD
  18. 18. Supervisory functionsGranting licence to Banks.Periodical review of the work of the commercial banks.Control the non-banking finance corporation.
  19. 19. HOW IT CONTROLS BANK &ECONOMYTOOLS:- CRR( CASH RESERVE RATIO): 5.5% REPO RATES(RR):7.5% REVERSE REPO RATE(RRR): 6.0% STATUTORY LIQUIDTY RATIO (SLR):24% BANK RATE: 6.0%

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